Categoría: Aaron Sanchez

MIAMI, April 30, 2020 /PRNewswire-HISPANIC PR WIRE/ — During first quarter of 2020, as many countries imposed necessary restrictions on social distancing, a growing number of consumers in Latin America & Caribbean (LAC) turned to contactless payments for necessary purchases, a new Mastercard study shows. According to the survey, 35% of people in the region have increased their usage of contactless payments, citing simplicity, safety and cleanliness.

Consumer polling by Mastercard paints a picture of accelerated and sustained contactless adoption. This shift in consumer behavior is particularly clear at checkout as people express a desire for contactless cards and concerns over cleanliness and safety at the point of sale, according to the study. In fact, findings of the study show that the impact of social distancing and other safety guidelines on consumer payment behavior is extensive:

• 56% of Latin Americans said they are more aware of dirtiness of cash.
• 84% of Latin Americans believe contactless is a cleaner way to pay.

1.        Mastercard’s own initiatives, along with the intelligence of its technology, data analytics and investments in security, will continue to propel a world beyond cash. Already, more than half of consumers around the world (63%) are using cash less often, or not at all, since the pandemic began. The same is true in LAC, where on average 66% of consumers are using cash less often, or not at all:

• 77% of Brazilians indicated that they are using cash less, or not at all, since the pandemic.
• 61% of Colombians indicated that they are using cash less, or not at all, since the pandemic.
• 68% of Costa Ricans indicated that they are using cash less, or not at all, since the pandemic.
• 58% Dominican Republicans indicated that they are using cash less, or not at all, since the pandemic.

2.       Consumers are quickly appreciating the benefits of contactless payments with 79% across LAC finding them more secure when compared to keeping or paying with cash. Additionally, regional consumer polling by Mastercard indicated sustained contactless usage with consumers preferring the quick and efficient checkout experience.

• 78% of Latin Americans indicated they will continue using contactless payments even after the pandemic is over.
• The belief was even stronger among those under the age of 35, where 82% of this population indicated continued use post-COVID.

«As we all experience the first global pandemic in an age defined by the digitalization of our lives, contactless card payments have taken on a new urgency. It has been both encouraging and gratifying to see our partners throughout the LAC region adopt the changes and acceleration of contactless. The technology is available, and it’s clear that the change we are witnessing in consumer behavior is here to stay,» said Walter Pimenta, Senior Vice President, Products & Innovation, Mastercard Latin America and Caribbean.  

Accelerating faster, cleaner, safer payments
Throughout the world, Mastercard has been spearheading the transition to contactless for more than 15 years, championing it as the simple, safe and fast way to pay. As a region with countries where contactless technologies are a newer experience, LAC has seen a rapid increase in infrastructure, with 75% of point of sale terminals ready to accept contactless transactions, and 60% of financial institutions issuing contactless-enabled cards.

In March, Mastercard led a move to increase the contactless payment limits across the LAC region as people looked for safer ways to pay in the wake of the COVID-19 pandemic. Today, four countries have already raised their contactless payment limits including, Colombia, Argentina, Dominican Republic and Costa Rica, with many others expected to follow soon. The initiative is in line with similar actions taking place around the world as health officials recommend social distancing and a growing number of merchants are encouraging consumers to pay with contactless instead of cash to avoid contact.

«As the spread of COVID-19 highlights the steadfast mindset for ‘contact-free’ environments and experiences in many aspects of our lives, the increased interest in contactless payments is far reaching. We believe in providing consumers with the freedom of choice in how they pay and peace of mind when they pay. With increased convenience and security, we look forward to expanding the contactless footprint more than ever before,» added Pimenta.

Contactless Payments Growth
As consumers increasingly seek out ways to quickly get in and out of stores without touching terminals, Mastercard data reveals over 40% growth in contactless transactions globally in the first quarter of 2020¹. Further, 80% of contactless transactions are under $25, a range that is typically dominated by cash. LAC, a less mature region when it comes to contactless penetration, saw exponential growth, with contactless transactions up 500% overall since March of last year.

While countries worldwide are at different stages of contactless card deployment and usage for daily shopping habits, Mastercard’s insights on grocery and pharmacy trends – two areas where many day-to-day essentials are being purchased – showed that nearly all regions experienced significant spikes in February and March. Further, reinforcing changing behaviors and consumer checkout preferences, Mastercard saw the number of contactless card payments at grocery stores and pharmacies grow twice as fast as non-contactless transactions globally².

Notes to Editors: 

¹ Growth calculated as the percentage increase in contactless transactions compared to the percentage increase in non-contactless transactions, comparing March 2020 to March 2019, at Grocery and Pharmacy categories

²Growth calculated as the percentage increase in contactless transactions compared to the percentage increase in non-contactless transactions, comparing March 2020 to February 2020, at Grocery and Pharmacy categories

Survey Methodology

• Online interviews of 17,000 consumers in 19 countries worldwide
• 1,000 banked respondents per country in the US and Canada (North America); Australia, Singapore (Asia Pacific); UAE, Kingdom of Saudi Arabia, South Africa (Middle East and Africa); UK, Italy, France, German, Spain, Poland, Russia, the Netherlands (Europe).
• 500 banked respondents per country in Brazil, Costa Rica, Dominican Republic, and Colombia (Latin America and the Caribbean)
• Research conducted April 10-12, 2020
• Nationally representative sample
• Readable sample sizes of:
• Gen Z/Millennials
• Affluent [defined at a country level]
• Contactless users
• Primary shoppers
• Those with high levels of concern about Covid-19

About Mastercard
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

CONTACT:
Marcus Carmo
Marcus.Carmo@mastercard.com
+1 (305) 5369476

Photo – https://mma.prnewswire.com/media/1162232/Contactless_Infographic_LAC_ENG_Infographic.jpg
Logo – https://mma.prnewswire.com/media/1162156/mc_symbol_Logo.jpg

SOURCE Mastercard Latin America & the Caribbean

NEW YORK, April 29, 2020 /PRNewswire-HISPANIC PR WIRE/ — The Hispanic Public Relations Association (HPRA) announced today an impactful change to its national board of directors. Five leading industry professionals have been added to the national board of the foremost organization of Hispanic public relations practitioners. Joining the Board are Alejandra Molinari, Senior PR Communications Manager at Intuit, Carla Santiago, Acting General Manager at Edelman, Carlos Correcha-Price, Chief Executive Officer-USA at LLYC, Darcy Brito, Business PR Manager at Aflac and Oscar Suris, Executive Managing Director at Zeno Group.

«HPRA’s leadership is strong and I look forward to working alongside this stellar group of seasoned professionals to move forward the organizations’ mission of advancing the practice; serving as the voice for professionals working in Hispanic communications; empowering our members through support, resources and education; and offering guidance and assistance to students pursuing careers in the field,» stated Andy Checo, president of the Hispanic Public Relations Association. «During these challenging times, I am confident that the contributions of our new and established board members will be valuable not only to our organization, but to our overall industry.»

The new board members bring on a wealth of experience to the organization which expands decades and include the following:

• Molinari spearheads Latino and Self-Employed communication strategy for the TurboTax brand. Prior to Intuit, she worked at Entravision San Diego and Jenny Craig.
• Santiago oversees the U.S. Hispanic Strategy at Edelman. Prior to Edelman, she served in communications roles at Hyatt Hotels Corporation, FleishmanHillard and Univision Communications.
• Prior to joining LLYC, Correcha-Price was General Manager for Edelman’s Miami and Colombia offices and oversaw the firm’s public affairs efforts in Latin America and was responsible for Edelman’s Hispanic-Outreach Center of Excellence.
• With Aflac since 2007, Brito has received numerous industry recognitions including, 2019 Top Woman in PR by PR News, 2018 American Business Awards’ Silver Stevie honoree in the Communications Professional of the Year and 2017 Women World Awards’ Silver honoree in the Female Executive of the Year. She currently serves on the board of Girls Inc. of Columbus, the Muscogee County Library Foundation and the CSR Board.
• Prior to his current role leading C-suite and Crisis Strategy at Zeno Group, Suris was EVP of Communications at Wells Fargo and held communications roles at Ford and AutoNation. Earlier on, Oscar was a reporter at The Wall Street Journal and the Orlando Sentinel and assistant to the chairman and publisher of The Miami Herald Publishing Company.

The new group is part of the expanded board of directors who voted to implement the following resources available at no charge to industry professionals, agencies and corporations, all who have been impacted by the unprecedent COVID-19 environment.

• Complimentary Job Board: Effective immediately, HPRA is waiving job postings fees on its website and encourages agencies and corporations with open positions to leverage this resource to connect with talent.
• Introduction of a Talent Board: The free online resource will feature individuals who are looking for work or more opportunities. To be featured, individuals are asked to upload their professional information and resume onto the HPRA portal. The platform will leverage HPRA’s network to maximize connections between candidates including recent college grads and talent-seeking professionals.

In addition to the above mentioned, the HPRA National Board of Directors is comprised of the following individuals: Brenda Mendoza, The Guardian Life Insurance Company of America, Jennifer Morales, Entercom, Lourdes Rodriguez, Los Angeles Department of Water and Power, Maggie Hernandez, Cision/PR Newswire, Maria Amor, Havas FORMULATIN, Mario Flores, Sportivo, Mayra Ramos-Miro, Red Heels PR, Sabrina Macias, DraftKings, Sonia Diaz, Balsera Communications, Veronica Salcedo, NBCUniversal and Yvonne Lorie, ReFresh PR.

Local HPRA Chapters are led by the following Chapter Presidents: Erika Sanchez, Braid Communications – New York, Erika Souza Cruz, Edelman – Miami, Natalia Flores, APR, AC&M Group – The Carolinas and Sandra Bernardo, Experian – Orange County (CA) and Stephen Chavez, Chavez PR – Los Angeles Chapter President (Los Angeles)

The Hispanic Public Relations Student Association chapter at the University of Florida is led by Martha Paz-Soldan with Catalina Santana taking over as president for the 2020-2021 academic year.

For additional information regarding the Hispanic Public Relations Association, please visit HPRAUSA.org.

Logo – https://mma.prnewswire.com/media/324910/hpra_usa_logo_3_Logo.jpg

SOURCE Hispanic Public Relations Association

PASADENA, California, April 29, 2020 /PRNewswire-HISPANIC PR WIRE/ — CIT and its Pasadena-based banking subsidiary today announced a $3 million investment in support of the Local Initiatives Support Corporation of San Diego (LISC)’s Neighborhood Catalyst Fund. CIT’s investment is expected to help create 1,350 affordable housing units for low-to-moderate income residents of San Diego County.

«Building stronger, more equitable communities across San Diego is our priority, especially during this unprecedented time when many local residents need our support,» said Steve Solk, president of Consumer Banking for CIT. «Through this effort, we’re empowering local residents to achieve economic prosperity and a better quality of life.» 

«LISC is grateful for CIT’s partnership as we work to drive transformative change across the region and serve neighborhoods of opportunity,» said Ricardo Flores, executive director for LISC San Diego. «This investment enables us to support and revitalize communities, broaden access to resources and improve the quality of life for thousands across Southern California.»   

CIT’s support of the Neighborhood Catalyst Fund will result in multiple multi-family rental housing and mixed-use projects across San Diego County over the next decade Currently, the LISC San Diego Neighborhood Catalyst Fund has closed on its first loan of $5.5 million for a new 114-unit affordable housing project in City Heights, San Diego that is expected to open by 2023.

CIT actively supports and invests in a­ffordable housing, economic development, neighborhood stabilization and core community services across its OneWest Bank and CIT Bank (formerly Mutual of Omaha Bank) branch banking footprint. Since 2016, CIT has invested more than $5 billion to advance a­ffordable housing, economic development, education and access to credit for small businesses in Southern California.

About CIT
CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company’s commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT’s consumer banking segment includes a national direct bank and regional branch network. Discover more at cit.com/about.

MEDIA RELATIONS:
Olivia Weiss
212-771-9657          
Olivia.Weiss@cit.com 

Logo – https://mma.prnewswire.com/media/784850/CIT_Logo.jpg

SOURCE CIT Group Inc.

Montefiore and Albert Einstein College of Medicine Partner with NYU Langone Health to Determine if Blood from COVID-19 Survivors Can Aid Current COVID-19 Patients

BRONX, N.Y., April 29, 2020 /PRNewswire-HISPANIC PR WIRE/ — Montefiore Health System, Albert Einstein College of Medicine and NYU Langone have launched a new clinical trial to study if convalescent plasma—taken from people who have recovered from COVID-19—is effective in treating the disease.

The body’s immune response to viral infections includes making molecules called antibodies. Antibodies can combat the infection and possibly prevent reinfection in people—and may be successful for helping people who are sick with COVID-19 fight the virus. This therapy, known as convalescent plasma therapy, has been deployed in viral outbreaks over the past century, and has shown promise in reducing the severity of illness and improving survival rates.

The randomized controlled trial will enroll 300 people with COVID-19 respiratory symptoms. Half of these individuals will receive plasma that contains antibodies to the SARS-CoV-2 coronavirus, while the remaining half will receive a placebo. Candidates for the clinical trial have had respiratory symptoms for less than a week, require some supplemental oxygen or have been in the hospital for less than four days.

«We created this study based on evidence from the pre-antibiotic era, but there has been no scientific proof it is really effective,» said study co-leader Liise-anne Pirofski, M.D., chief of infectious diseases at Montefiore and Einstein and a leader of the national COVID-19 Convalescent Plasma Project.

Previous studies suggest that convalescent plasma may be helpful treatment for other coronaviruses, including SARS, but this trial aims to provide proof that it is effective for COVID-19 patients. Last month, Dr. Pirofski co-authored a widely cited viewpoint in the Journal of Clinical Investigation that championed the use of convalescent serum as a treatment for COVID-19.

Since the start of the pandemic, Montefiore has successfully treated and discharged approximately 4,000 severely ill COVID-19 patients from its hospitals. This presents an opportunity to get plasma from former patients and use these antibodies to treat a community disproportionally affected by COVID-19.

«Vaccines may not be available for more than a year. In the meantime, and given the lack of natural immunity and available vaccines, plasma therapy may help to provide the body what it needs to fight the infection,» said co-lead study investigator, Mila Ortigoza, MD, PHD, an instructor in the departments of Medicine and Microbiology at NYU Langone Health. «Infections like the new coronavirus that jump into humans from animals are dangerous because we have no antibodies against them, so we hope to learn if supplying them can save lives.»

The first Montefiore plasma donors came from Young Israel synagogue in New Rochelle. The community, which was home to one of the largest clusters of COVID-19 cases in the country, now represents a beacon of hope.

«To have so many people who have recovered from COVID-19 donate their plasma and make this research possible and potentially help people they have never met is an incredible celebration of the human spirit,» said Dr. Pirofski. «We are overwhelmed by the generosity of recovered patients and are confident this trial will help us learn if convalescent plasma is effective against COVID-19.»

About Montefiore Health System

Montefiore Health System is one of New York’s premier academic health systems and is a recognized leader in providing exceptional quality and personalized, accountable care to approximately three million people in communities across the Bronx, Westchester and the Hudson Valley. It is comprised of 11 hospitals, including the Children’s Hospital at Montefiore, Burke Rehabilitation Hospital and more than 200 outpatient ambulatory care sites. The advanced clinical and translational research at its medical school, Albert Einstein College of Medicine, directly informs patient care and improves outcomes. From the Montefiore-Einstein Centers of Excellence in cancer, cardiology and vascular care, pediatrics, and transplantation, to its preeminent school-based health program, Montefiore is a fully integrated healthcare delivery system providing coordinated, comprehensive care to patients and their families. For more information please visit www.montefiore.org. Follow us on Twitter and view us on Facebook and YouTube.

About Albert Einstein College of Medicine

Albert Einstein College of Medicine is one of the nation’s premier centers for research, medical education and clinical investigation. During the 2019-20 academic year, Einstein is home to 724 M.D. students, 158 Ph.D. students, 106 students in the combined M.D./Ph.D. program, and 265 postdoctoral research fellows. The College of Medicine has more than 1,800 full-time faculty members located on the main campus and at its clinical affiliates. In 2019, Einstein received more than $178 million in awards from the National Institutes of Health (NIH). This includes the funding of major research centers at Einstein in aging, intellectual development disorders, diabetes, cancer, clinical and translational research, liver disease, and AIDS. Other areas where the College of Medicine is concentrating its efforts include developmental brain research, neuroscience, cardiac disease, and initiatives to reduce and eliminate ethnic and racial health disparities. Its partnership with Montefiore, the University Hospital and academic medical center for Einstein, advances clinical and translational research to accelerate the pace at which new discoveries become the treatments and therapies that benefit patients. Einstein runs one of the largest residency and fellowship training programs in the medical and dental professions in the United States through Montefiore and an affiliation network involving hospitals and medical centers in the Bronx, Brooklyn and on Long Island. For more information, please visit www.einstein.yu.edu, read our blog, follow us on Twitter, like us on Facebook, and view us on YouTube.

Logo – https://mma.prnewswire.com/media/675671/Montefiore_Logo.jpg  

SOURCE Montefiore Health System; Albert Einstein College of Medicine

ATLANTA, April 29, 2020 /PRNewswire-HISPANIC PR WIRE/ — The World Dance Group (WDG), producer of the World Salsa Championship, announced the postponement of the 6th Edition of the World Salsa Championship due to the Coronavirus pandemic. The event was scheduled for December 2-6, 2020 in San Juan, Puerto Rico and was expected to attract up to 8,000 participants.

Following the concerns about COVID-19, the World Dance Group has decided to postpone the 6th edition of the renowned World Salsa Championship (WSC). 

The global pandemic has killed more than 213,273 people worldwide and sickened at least 3,063,814 according to Johns Hopkins University.

After rigorously vetting various city-hosting proposals through a competitive RFP process, the WDG management and logistics committee chose the historical city of San Juan, Puerto Rico to host the 6^th edition of the WSC. Salsa is a music genre that has deep Puerto Rican roots and many of its stylistic features evolved from traditional Puerto Rican rhythms like the Bomba and Plena.

The event would have coincided with the 500^th year anniversary of Old San Juan, a UNESCO World Heritage site and one of the top touristic destinations in the Caribbean. The competition brings together the world’s finest professional salsa dancers to showcase their technical and performance skills in group and individual competitions. The WSC was scheduled for December 2-6, 2020, and 8,000 people were expected to attend various activities such as the Salsa Championship, dance workshops, beach parties, and a major concert to celebrate the 500^th anniversary of Old San Juan.

«The decision to postpone the World Salsa Championship in San Juan has been very difficult for me, particularly when today we celebrate the International Dance Day-as established by the Unesco in 1982. As a Puerto Rican, I always dream of returning to the island to celebrate with my people a world-class event such as the WSC. However, it is uncertain when live events will reopen according to authorities in Puerto Rico. Although the event is in December, the WSC is very unique because, like the Olympics, you have people coming from all over the world, plus it has qualifying regional events prior to the competition which have also been postponed or cancelled. The WDG will still invest in Puerto Rico by producing on-line content and sharing video streaming of events held on this beautiful island through the platforms SalZOOM.com and Dance-Challenge.com», said Noel Roque, CEO of WDG.

About World Dance Group: The World Dance Group is an international organization, recognized as the producer of the World Salsa Championship, a competition that brings together professional Salsa dancers and fans from all over the world. WDC has been recipient of multiple awards since 2005. The Championship is broadcast by ESPN TV. The Competition has been successfully held five times in high profile cities like Las Vegas, Orlando (Disney), Miami and Atlanta.

For more information: https://www.worlddancegroup.com/

 https://en.wikipedia.org/wiki/International_Dance_Day

Contact information: World Dance Group 1-404-402-1405, marketing@worldsalsachampionships.com

Photo – https://mma.prnewswire.com/media/1161351/IMG_20200327_WA0010.jpg

SOURCE World Dance Group

MIAMI, April 28, 2020 /PRNewswire-HISPANIC PR WIRE/ — FlixLatino, the subscription video on demand service available in the United States and Puerto Rico will be offered free for 30 days. This incentive forms part of the efforts that SOMOS Next (part of the SOMOS Group’s companies) is doing to support home entertainment during these times. SOMOS Next’s digital platform offers content in Spanish in a variety of genres, and answers the demand, from audiences, to access more entertainment on television and electronic devices. FlixLatino is offering this free trial period without any contracts or obligations.

FlixLatino allows subscribers to enjoy the best of the Spanish cinema as well as series, documentaries and animation. The service includes the most recent series such as El Corazón del Océano, La Caza de Monteperdido, Más Hablar de Mambo, Secretos, including talent from the Iberoamerican industry such as Mario Casas, José Coronado, Gael García Bernal, Maribel Verdú, Diego Luna, Carlos Alcántara, among others. Its kids’ profile, FlixLatino Kids includes animation such as Little people, Doodleboo, Elías, Mouk and Los Doozers.

Luis Guillermo Villanueva, COO of SOMOS Next, stated: «We feel that as a business, we have the responsibility of supporting the population in this unique moment where entertainment at home and on various screens, is fundamental. This extended trial will allow people to, apart from testing our service, enjoy much-needed moments of recreation during quarantine.»

To take advantage of this special promotion, customers must enter the code QUEDATEENCASA through the website www.flixlatino.com.

Visitors who register on the FlixLatino website can do so until May 31 to enjoy the service for 30 days without any commitment.

About FlixLatino: FlixLatino is an SVOD service offering award-winning movies, series and documentaries originally produced in Spanish. FlixLatino’s movie catalog consists of contemporary theatrical releases from Latin America and Spain, displayed in HD quality. The service refreshes titles monthly, with weekly premieres, and continuously add new content to cater to subscriber’s demands. Enjoy a world of Spanish- language entertainment at your fingertips.

About SOMOS Next: SOMOS Next LLC is a wholly owned subsidiary of SOMOTV LLC, focused on the development and commercialization of audiovisual Spanish content in the online environment through all currently available windows. Its lineup includes a robust film library together with dynamic children programs among other genres. Its distribution is directed through the premium digital distributors taking advantage of their applications and other technologies, with access to platforms, mobile or fixed electronic devices.

Media Contact: Lucia Pineda, lpineda@somostv.net

Photo – https://mma.prnewswire.com/media/1161074/Promotional_Code_QUEDATEENCASA.jpg

SOURCE SOMOS Next

TAMPA, Florida, April 28, 2020 /PRNewswire-HISPANIC PR WIRE/ — Financial Information Technologies, LLC («Fintech»), the leading business solutions provider for the beverage alcohol industry, today announced that it has acquired Armadillo Insight, LLC, a company that turns complex craft beer data into sales and marketing intelligence that drives product placement across chain retailers. This acquisition furthers Fintech’s mission to deliver specialized technology that maximizes efficiency and improves communication across the three tiers of the alcohol industry.

With decades of experience as an electronic payment provider, Fintech solves the unique challenges of beverage alcohol management for 150,000 retailers and 4,000 distributors across the country. Fintech’s platform capabilities have expanded significantly since the company’s inception, evolving to provide business process automation and data-driven services for anyone who buys or sells alcohol. Adding Armadillo Insight to its portfolio of products brings actionable intelligence that enables sales growth for breweries. By integrating Armadillo Insight with the previously acquired Lilypad Solutions, Fintech will empower its rapidly growing base of nearly 500 supplier clients with an intelligent CRM solution.

«Armadillo Insight presents an exciting opportunity for Fintech to fortify and expand its services to the supplier market. Armadillo’s impressive ability to combine various data sets and derive mission-critical information combines perfectly with Fintech’s mission to offer technologies that drive operational efficiency and better align all businesses operating in the alcohol industry,» said Tad Phelps, Chief Executive Officer of Fintech. «We look forward to working with the Armadillo team, and we’re eager to expand on the strategic advancement that this acquisition affords our company.»

Since its founding in 2012, Armadillo Insight has served suppliers with task-specific, industry-relevant data. By combining depletion and competitive scan data, craft beer suppliers are able to improve productivity and increase their understanding of complex brand and package intelligence. Today, Armadillo Insight works with the industry’s top brands to provide an innovative data platform that drives sales growth.

«There is tremendous synergy between Fintech’s operational solutions and Armadillo Insight’s data solutions, which made it an easy decision to join forces,» stated Doug Mills, founder of Armadillo Insight. «We are proud of the developments that we have made since 2012, and we are honored to continue serving the industry’s top craft brands with Fintech’s technology and data science resources helping us innovate faster.»

This acquisition is the second within 12 months for Fintech and was completed in the first quarter of 2020. The Armadillo Insight team will integrate with Fintech, and all employees will continue their normal day-to-day operations as the partnership develops further.  

About Fintech

Fintech is the leading business solutions provider for the beverage alcohol industry, empowering alcohol suppliers, distributors, and retailers with smart solutions that simplify beverage alcohol management. From product ordering and invoice payments, to sales strategy, business intelligence, and industry insights, Fintech continues to lead the development of technologies that increase margins and maximize operating efficiencies for anyone who sells alcohol. With decades of industry experience and unwavering dependability, Fintech connects over 600,000 business relationships nationwide. To learn more, visit www.fintech.com.

FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. is the owner of the trademark FINTECH, the Stylized F Logo, and several other trademarks and service marks, many of which are registered at the U.S. Patent and Trademark Office. The underlying software behind the services offered by FINANCIAL-INFORMATION-TECHNOLOGIES, LLC and content of this website are ©2020 FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. All rights reserved.

Contact: Misha Hart, 800.572.0854 x 3827, mhart@fintech.com

Follow @Fintech on Facebook, Twitter, and LinkedIn

Logo – https://mma.prnewswire.com/media/562037/Fintech_Logo.jpg

SOURCE Fintech